**TRADE #1: MSFT :red_circle: **
Honestly should of never taken this trade. The RBR had so much resistance to the left of it. I just tunnel visioned it and took the trade once it broke HOD which in all honesty was only 20 minutes in and had no sense of real direction yet. Also should of never taken trade because it was i 1 Hr Supply and had yet to break it. All around stupid decisions on this play and paid for it.
Where/why did I ENTER:
RBR(Even though had resistance around it), Volume Increase, Breakout(Which turned into a false BO)
How was I feeling DURING the trade (emotions):
Nervous and stupid from the start. Jumped in too quick with a tunnel vision approach.
Where/why did I EXIT:
Hit Stop Loss below the Base. Probably only good thing that came out of this play. lol
What can I do to improve:
(1) Take my time. I really need to work on my patience. I feel that if i dont hit the top then im already chasing. Any tips for this would be greatly appreciated!
(2) Examine the ENTIRE situation. If there is even one thing that can make it go the opposite direction then re-evaluate.
**Rate this trade 1-10: **
2- And honestly thats only because i stuck to my stop.
|2021-02-02 09:49:55||5 FEB 21 250 CALL||buy||$0.7200||long|
|2021-02-02 09:58:10||5 FEB 21 250 CALL||sell||$0.4200||0|
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